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NEW YORK - Online retailer Amazon.com Inc. said Wednesday that it purchased online fabric store Fabric.com.
| AMZN | 56.25 |  0.25 |
Financial terms of the acquisition were not disclosed.
Amazon said the deal will let Fabric.com increase its fabrics and accessories selection and allow Amazon to offer a larger selection of sewing and craft products to its customers.
Fabric.com will keep running in Marietta, Ga., as a stand-alone operation.
Shares of Amazon rose 48 cents to $80.12 in morning trading.
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